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Cosmederm Inks Deal with Dr. Reddys

October 7, 2008

INDIA: Cosmederm Technologies, a U.S.-based specialty pharmaceutical company, has signed a licensing and distribution agreement with Dr. Reddy’s Laboratories Ltd. that gives Dr. Reddy’s exclusive rights to distribute its skin care products throughout India.

The partnership, which specifically covers Refinity and Cosmederm peel kits, gives Dr. Reddy’s a position in the aesthetic dermatology segment and consolidates its position in cosmeceuticals.

“Cosmederm’s proprietary technology is exceptional in its ability to allow the formulation of highly effective skin care products. We are very excited to offer these unique products throughout the Indian market and expect the lines to quickly become leaders in the area of chemical peels and anti-aging,” said Jaspal Singh Bajwa, president, branded formulations group.
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